Texas thirsty for energy as datacenters, crypto mining, and EVs increase

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ERCOT, the state's largest energy grid operator, gave an update on Texas's future.

ERCOT, the state's largest energy grid operator, gave a startling update on Texas's energy future. NBC 5 and the Dallas Morning News explores the stakes and the possible solutionsBitcoin mining, electric cars, new artificial intelligence data centers, and heavy industry moving from combustion engines to electrical engines may mean the state will need to nearly double its power supply in the next decade. That's at least according to a late-April update from ERCOT leaders.

During the last Board of Directors meeting, CEO Pablo Vegas laid out what's coming in the next few years and how ERCOT is preparing. Companies can get around ten percent of their plant reimbursed if they complete it by the summer of 2026. Lone Star Politics asked Bell if the new Texas Energy Fund is enough to get the amount of power plants that the state needs.

"Everybody's doing their best. And I do think that, you know, it'll be enough in the long term," he said.

 

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